Thomasboro, IL
Population 966 · Illinois
About Thomasboro, IL
Thomasboro is a small community in Illinois with a population of 966 residents. The median household income is $65,000 per year, which is near the national average. The median age in Thomasboro is 45 years.
Housing in Thomasboro has a median home value of $109,400 and median monthly rent of $790. Of the 491 total housing units, the majority are owner-occupied, with 341 owner-occupied and 93 renter-occupied units.
The unemployment rate in Thomasboro is 2.7% and the poverty rate is 11.7%. 16.4% of residents hold a bachelor's degree or higher. The average commute time is 21.2 minutes.
Cost of Living in Thomasboro, IL
Compared to national averages, Thomasboro has a median household income of $65,000 (14% below the national median of $75,149). Home values average $109,400, which is 55% below the national median. Monthly rent at $790 is 32% below the US average of $1,163. Within Illinois, Thomasboro's income is 13% below the state average of $75,072, and home values are 34% below the state median of $165,779.
Why Live in Thomasboro, IL?
Thomasboro offers affordable housing with a median home value of $109,400, below the US average of $244,900, and rent that’s lower than the national average at $790/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 11.7%, better than the national average, and short commute times averaging just 21.2 minutes.
Potential considerations include median household income ($65,000) that falls below the national average. However, Thomasboro’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thomasboro has a population of 966 with a median age of 45 years. Compare Thomasboro with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Thomasboro
What is the population of Thomasboro, IL?
The population of Thomasboro, IL is 966 according to the latest Census data.
What is the median household income in Thomasboro?
The median household income in Thomasboro, IL is $65,000 per year.
What is the median home value in Thomasboro?
The median home value in Thomasboro, IL is $109,400.
What is the average rent in Thomasboro?
The median monthly rent in Thomasboro, IL is $790.
What is the unemployment rate in Thomasboro?
The unemployment rate in Thomasboro, IL is 2.7%.